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Rama

Hakru Meda

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 195 livelihood days i

b-img b-img b-img

Rama

Hakru Meda

#progressive#challenger
Rama wishes to hold his harvest as they prepare for the upcoming sowing season.

logoAgripreneur

logo Jhabua, Madhya Pradesh

logo 195 potential days of livelihood i

35,000 loan is fully repaid

35,000 loan is fully repaid


Rama is a hard working farmer. Toiling hard for the past months , he had been hoping to sell his harvest at a reasonable price.However, with the supply lines disrupted, he has been struggling to sell off the produce. To avoid distress selling, he has decided to hold their produce at a FPO until the market stabilizes and a fair price is obtained. However, his immediate cash needs still remain unmet. Rama lives with a family of three and is from Jhabua, Madhya Pradesh. The loan amount will help him receive the much needed cash to help meet the expenses incurred in purchase of input products for the Kharif season.

I wish to expand my agriculture activity.

About Rama Hakru Meda's livelihood

Rama is an agripreneur who works 6 hours a day for 5 days a week. With this loan Rama will potentially obtain employment for 195 days.

The interest rate charged is split into returns for the social investor, fees for the impact partner and platform charges.

Investee
pays i

0.00% flat p.a.

0.00% APR

Social
Investor i

0.00%

0.00% APR

Impact
Partner i

up to 0.00%

0.00% APR

Platform
charges i

0.00%

0.00% APR

The following section provides a detailed view of the investee loan requirement.

Loan
amount

35,000

Loan
tenure

9 months

Moratorium

None

Repayment
mode

Flexible repayments i

Investee
occupation

Farming

i :

B

Rang De Credit Rating A B C
What it means Low Risk Medium Risk High Risk

The rating is derived from the following data points.

Credit bureau score i

 

A

Rang De confidence score

 i


B

Partner Rating i

B

Loan Profile i

B

Financial Profile i

A

Action for Social Advancement

   view website
Madhya Pradesh
Partner since 2020

About

Action for Social Advancement (ASA) is a grassroots NGO established in 1996 with its head office in Bhopal, Madhya Pradesh. At the heart of the organisation is the aim of developing livelihood security, which is facilitated by an intensive participatory process of natural resources development and local institutional development. ASA has played a key role in land and water resource development, promotion of sustainable farm practices and market linkages for smallholders across 2,200 villages in four states, Madhya Pradesh, Chhattisgarh, Jharkhand, and Bihar.

Impact Narrative

Rang De's interest free loans have been designed to enable small and marginal farmers to access storage for their produce and to meet their expenses for the Kharif season.

Rs 65,72,900

Disbursed

175

Investees

100.0%

Repayments

During a time of disruption and distress caused by the Covid-19 pandemic, Rang De's loans have been accessible, affordable and above all, timely.

- Ashis Mondal, Director, ASA
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3

3000

3

Total: ₹3000

Your Investees

Total Lives Impacted

0

Days of Livelihood

0